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Tsipras promises solution to Greece debt crisis

Greece's Prime Minister Alexis Tsipras has said his government was working towards a solution for the debt crisis. An emergency meeting of EU leaders has been called for Monday.

Alexis Tsipras said his government was working towards making the emergency eurozone summit on Monday a "success." Finance ministers of countries using the euro currency announced a summit for Monday to resolve Athens' prolonged debt crisis that threatened Greece's exit from the euro.

"The [eurozone] leaders' summit on Monday is a positive development on the road toward a deal," his office said, adding that all those who were "betting on crisis and terror scenarios" would be proven wrong.

A protester waves a Greek flag at the entrance of the Greek parliament, during a rally calling on the government to clinch a deal with its international creditors

The governing council of the European Central Bank was meanwhile planning an emergency session, also on Friday, to discuss the Bank of Greece's request for extra liquidity. Withdrawals from Greek banks have increased in the last few days.

Athens is running out of time to pay a 1.6-billion-euro loan installment to the IMF by the end of this month. It needs to implement pension and labor reforms before eurozone countries free the last tranche of 7.2-billion-euro worth of economic aid, part of Greece's 240 billion euro financial package.